Another key date in the markets recent history. Oct 16, 1987, otherwise known as Black Monday. Why is that you may ask? Well the DOW fell over 22% in one day on heavy volume. If you think crypos are volatile, days like this one certainly put things in perspective.
For more on this topic, i am bringing, yet again, one of my favorite personalities, Nassim Nicholas Taleb (@nntaleb).
Best,
Lio
It's important to pause and think deeply about what Nassim Taleb (@nntaleb) refers to as "moral hazard".
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